Monday 14th Oct 2024
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President Dr.Muizzu

President Muizzu Voices Concerns Over EU Tariffs on Maldivian Seafood Exports

President Dr. Mohamed Muizzu has expressed concern over the significant tariffs imposed on Maldivian fish products entering the European Union, calling on the EU to reconsider its 24% duty on foreign seafood. The issue was raised during a meeting with European Commission President Ursula von der Leyen on the sidelines of the 79th session of the United Nations General Assembly.
During their discussion, President Muizzu highlighted the detrimental impact of the current EU tariffs on Maldivian fish exports, which are a crucial component of the nation’s economy. He underscored the need for equitable trade practices to ensure that Maldivian seafood products remain competitive in the European market.
“The high tariffs placed on our seafood exports pose a significant challenge to our economy and hinder our efforts to promote sustainable fishing practices,” President Muizzu stated. He also elaborated on the Maldives’ ongoing initiatives to address climate change, stressing the importance of global support in these efforts.
President von der Leyen acknowledged the Maldives' concerns and praised the country’s commitment to combating climate change. She assured President Muizzu of the EU’s continued support and expressed a willingness to explore avenues for mitigating the impact of these tariffs.
Both leaders reaffirmed their commitment to strengthening diplomatic relations between the EU and the Maldives, emphasizing the need for continued collaboration on mutual priorities, including trade, environmental protection, and sustainable development.
The meeting concluded with optimism for further dialogue and cooperation, reflecting the strong ties between the Maldives and the European Union and a shared commitment to overcoming challenges and enhancing bilateral relations.